Thursday, November 28, 2024

CATEGORY

Stock Market

Upstart beats on earnings, but a forecast miss sends the stock sliding

The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024. Source link

KKR to acquire Perpetual’s wealth management, corporate businesses for $1.4 billion

CEO Rob Adams will retire following a period of orderly transition upon the completion of the deal. Source link

Astera Labs’ blowout first earnings report is met with a sagging stock reaction

A sharp rally in the lead-up to Astera Labs’ earnings could help explain the stock’s negative reaction to better-than-expected results, as it could...

Lyft puts up another quarter of positive free cash flow, following jump in rides

Ride-hailing service Lyft Inc. on Tuesday said it put up its second straight quarter of positive free cash flow, and said it expected...

Dutch Bros stock climbs on earnings as coffee chain dodges Starbucks’ harsh selloff

Starbucks Corp. may have been punished by the stock market last week after warning of a more cautious coffee drinker and stiffer competition...

Disney’s theme parks were a bright spot this quarter, but major competition looms

Disney plans $60 billion in theme-park capex over the next decade, as battle with Comcast’s Universal heats up. Source link

Grocery Outlet’s technical issues are piling up for its stock

Shares of Grocery Outlet Holding Corp. tumbled after hours on Tuesday after the bargain grocery chain cut its full-year profit outlook — saying...

Reddit shares soar on Q1 revenue beat and narrower-than-expected loss

Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected first-quarter revenue and a narrower-than expected...

Oil prices touch lowest levels since mid-March as Russia signals OPEC+ output rise possible

Oil futures finish modestly lower Tuesday as Russia indicates OPEC+ could consider raising crude output and Israel rejects a Gaza cease-fire proposal. Source link...

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